WESFARMERS on Friday entered into a trading halt as it provides details on its proposed $20 billion demerger of Coles, on which shareholders will vote November 15.
If the demerger proceeds, which is subject...

Woolworths says its online Australian food sales “continue to grow strongly” and increased by 30 per cent in its third quarter 2018 financial results when compared to its third quarter 2017 results.
The...

It is no great surprise to me that Westfarmers are spinning off the Coles supermarket business, and associated liquor and variety businesses. It also makes sense that they are keeping Officeworks and Bunnings,...

Retail Food Group will close 160-200 of its Australian quick service food outlets, attributing the closures largely to costly rent and declining shopping centre performance.
The news came as part of Retail...

Bega Cheese says it is well positioned to take advantage of growth opportunities in dairy and food after posting what it described as a solid first half 2018 financial year result.
Bega achieved a AUD...

Maggie Beer’s grocery food brand has suffered a $250, 000 loss for the first half of the 2018 financial year.
Maggie Beer’s food brand is 48 per cent owned by the Longtable Group, an emerging ASX-listed...

Coles has dragged down the Wesfarmers 2018 first half year financial profits with its earnings falling 14.1 per cent on its 2017 first half results.
Wesfarmers, Coles’ parent company, was also impacted...

The A2 Milk Company and Fonterra have entered into a strategic relationship that will see the two companies join forces for a number of key supply, distribution, sales and marketing arrangements.
News...